Iran to put aside dollar, euro from its foreign trade

Eurasia News

TEHRAN: Iran plans to exclude some Western currencies, specially US dollar and euro, from its foreign trade transactions, Iranian Economy Minister Seyed Shamseddin Hosseini announced on Monday, Dispatch News Desk reported.

“According to the decision made by the cabinet workgroup, the dollar and euro will be gradually put aside from Iran’s trade with other countries,” Fars news agency quoting Hosseini reported on Monday.

Hosseini said that Iran has already changed its trade partners and redirected its trade transactions from the UK Britain and Germany to Middle-Eastern states.